cover of episode UBS On-Air: Paul Donovan Daily Audio 'Disinflation beneath inflation'

UBS On-Air: Paul Donovan Daily Audio 'Disinflation beneath inflation'

2024/11/14
logo of podcast UBS On-Air: Market Moves

UBS On-Air: Market Moves

Shownotes Transcript

US October producer price inflation is due. These numbers better reflect corporate pricing power than does the consumer price data. The tone should be consistent with a December rate cut—in this situation, the Federal Reserve does not want rising real rates, and inaction would raise real rates over the course of this year.